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Gold Is Getting Slammed

Matthew Boesler   

Gold Is Getting Slammed

Stocks, bonds, and gold are all drifting lower in the wake of the release of the minutes from the FOMC's October meeting.

The yellow metal in particular is feeling the pain. Right now it's trading at $1242 an ounce, down 2.4% on the day.

The S&P 500 is down 0.3%, trading at 1783.

10-year Treasury futures are down 0.2%, and the yield on the 10-year note is 2.78%, 7 basis points higher from Tuesday's close.

All are at or right near their lows of the day.

The charts below show the moves.

mkts

Thinkorswim

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